Pan American Life Insurance Group
(PALIG), announced today a series of new hires in Pan-American Life's Domestic
Markets Division.

Several strategic additions will foster the enhancement of the operations and
development of the U.S. Domestic Markets Division. These include: Carlo
Mulvenna appointed Vice President - Domestic Operations and Head of Product
Development; Fernando Crucet named Vice President U.S. Hispanic Strategy and
Business Development; and Suzanne Webb Sainato joining Pan-American Life as
Director Domestic Contracts and Compliance.

Carlo Mulvenna joins Pan-American Life as Vice President - Domestic Operations
and Head of Product Development. In his role, he will be expanding a national
sales support and administration team to accommodate Pan-American's aggressive
growth strategies in the U.S. Worksite Employee Benefits market. Mulvenna
brings to the position 30 years of experience in the insurance industry in the
United States, United Kingdom, South America, Middle East, Africa, and South
East Asia. In his most recent position as Vice President of A&H Group Sales
Operations Worldwide at Chartis International, he provided sales leadership
for a $1.6 billion employee benefits business. Previously, his extensive
experience in the worksite line of business guided his success with companies
such as The Worksite Exchange, MetLife, and Aetna. Mulvenna received his
Bachelor of Arts in Communications and History from North Central College and
his Chartered Life Underwriter designation from the American College. Based
in Dallas, he will oversee teams in New Orleans, LA and in Plano, TX.

As Vice President U.S. Hispanic Strategy and Business Development, Fernando
Crucet will lead the Hispanic Strategy, assisting in product development,
sales and distribution, strategic partnerships and account relationships. His
expertise in multicultural sales and marketing has elevated Crucet's success
during his tenures with AIG American General and most recently ING. His
experience includes development of sales and marketing efforts in Retail Life,
Employee Benefits and Retirement Services targeting the U.S. Hispanic and
multicultural markets. Repeatedly Crucet has exceeded sales goals, notably
achieving year over year growth in a down market. Crucet earned a Bachelor of
Business Administration in Finance from the University of Houston. He will be
based in Houston, TX.

Appointed Director Domestic Contracts and Compliance, Suzanne Webb Sainato
will be responsible for regulatory compliance and insurance contract
development. Sainato has more than 10 years of experience practicing law in
the insurance industry and has extensive experience with product development,
sales and administration, and complex litigation and regulatory matters.
Prior to joining Pan-American Life, she was a Senior Counsel for the
Individual Business Insurance Products Unit for MetLife in New York. Sainato
was previously a Litigation Associate with Simpson, Thacher & Bartlett, LLP of
New York, with a focus on insurance coverage litigation. Sainato earned a
Bachelor of Science in Applied Mathematics and Economics from Yale University
and her J. D. from the University of Alabama Law School. Sainato will be based
in New Orleans.

"I am very pleased to welcome Carlo, Fernando and Suzanne to Pan-American
Life. They each have significant experience and impressive track records in
the industry, combined with the necessary expert direction and management that
product development demands," said John P. Foley, Senior Vice President
Domestic Markets. "Their contributions will be vital to continuing and
strengthening our standing in the industry, marked by innovative and highly
flexible insurance products that adjust based on individual and business
financial needs, as well as market changes."

Simultaneously, Pan-American Life's Domestic Worksite Division continues its
geographic expansion plan for 2009, including the launch of tailored products
uniquely designed to address the needs of the U.S. Hispanic market. In
response to the development, Pan-American Life has designated Samuel Skora,
Sales Executive for the Domestic Markets -Worksite in Florida and Ronald Ramos
as Sales Executive in California.

In his position as Sales Executive for the Domestic Markets - Worksite in
Florida, Samuel Skora's attention and directive will focus on growing the
Florida business market and in developing Hispanic resources in the State. He
will also be responsible for introducing PanaMed and CommonSense, two medical
plans designed in response to the rising healthcare costs. Most recently,
Skora held a regional sales manager position with the Allstate Workplace
Division in Jacksonville, Florida where he was responsible for driving new and
existing account sales throughout Miami-Dade and Puerto Rico, generating a 40
percent sales increase under his tenure. Skora earned a Bachelor of Arts
degree in International Marketing and Exporting from the University of
Connecticut. He is a member of MAIFA and a board member of MDAHU; and has
earned a designation from the Life Underwriter Training Council Fellow
(LUTCF). In his new role, Skora will be based in Florida.

Additionally, Ronald Ramos has been appointed Sales Executive in California.
Ramos' primary focus will be on growing the California business market and in
developing Hispanic resources in the State. He will also be responsible for
introducing PanaMed and CommonSense medical plans. His more than 12 years of
insurance experience include a previous post at Humana Inc. as a Specialty
Benefits Sales Executive where he was responsible for net revenue growth for
variety of insurance plans, increasing sales and overall strategy, and
managing broker and client relationships. Ramos was also a Supervisor in the
Sales Department at Unico American Corporations where he managed the
individual and small group benefits division.

"With more than 30 years of sales and management experience and development
combined, Samuel and Ronald have the strong leadership skills and great
technical depth to drive our geographic expansion and elevate our business in
Florida and California," said David Cheek, Vice President of Sales - Worksite,
Pan-American Life.

About Pan-American Life Insurance Group
The Pan-American Life Insurance Group is a leading provider of insurance and
financial services serving nearly half a million customers throughout the
Americas. New Orleans-based Pan-American Life Insurance Company, the Group's
flagship insurance company member, has been in business since 1911, employing
more than 700 worldwide, providing top-rated life and health insurance,
worksite benefits and financial services in 47 states, the District of
Columbia (DC) and Puerto Rico. Its international operations, offering
individual and group life and health insurance throughout Latin America,
include affiliates in Panama, Guatemala, Cayman Islands and Colombia, and
branch offices in Ecuador, El Salvador and Honduras. For more information,
visit the Pan-American Life Web site at www.panamericanlife.com


SOURCE Pan-American Life Insurance Group

Marta Reeves of Pan-American Life Insurance Company, +1-504-566-3112,
MReeves@panamericanlife.com; Isabel Abislaiman of Fleishman-Hillard,
+1-305-520-9017, Isabel.Abislaiman@fleishman.com, for Pan-American Life
Insurance Company